Floating Home
BoatWiki - Definitions
Definition
A floating home can be defined as a residential structure that is constructed on a barge or platform supported by flotation devices. In most cases, it is permanently located as a fixture to the wetlands on which moored. Floating homes are sometimes referred to as house barges.
Meaning
Although moveable by towing or under it's own power, floating homes are not intended for navigational purposes. This what differentiates a floating home from a houseboat.
Context
Floating homes are typically viewed as a real-estate fixture when it comes to matters of taxation, insurance, and ownership. This is similar to a mobile home that has been permanently affixed to a parcel of land. Under certain circumstances, floating homes can be state registered as a vessel or become Coast Guard documented in order to establish a title. This may, however change its status as a permanent fixture.
Conclusion
Rules may vary on the way floating homes are dealt with depending on the jurisdiction in which located. Owners should accordingly contact the appropriate revenue and registration agency for information about their particular circumstances.
Credits and References
4/27/2022 - Page initiated by Team BoatWiki.
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